Close X
Wednesday, November 27, 2024
ADVT 
National

Morneau to unveil wage subsidy changes

Darpan News Desk The Canadian Press, 17 Jul, 2020 05:00 PM
  • Morneau to unveil wage subsidy changes

Finance Minister Bill Morneau will outline today how the federal government is reshaping its emergency wage-subsidy program that has been extended to the end of the year.

The program is the heart of the Liberals' promise to help Canadians get back to work, even if has to be at a slower pace, as the pandemic wanes.

Morneau's fiscal update last week boosted the budget for the program to $82.3 billion from $45 billion in a sign of impending changes.

He has scheduled a news conference this afternoon at a restaurant in Toronto to make the announcement Prime Minister Justin Trudeau teased Thursday.

The government has been under pressure to ease eligibility rules, specifically around the requirement of a 30 per cent drop in revenues, so more companies under that cut-off can qualify.

The most recent federal figures for the program show the government has given almost $20.4 billion in payroll help to about 262,200 companies.

MORE National ARTICLES

CFIA demanding unsafe work of inspectors: union

CFIA demanding unsafe work of inspectors: union
The Canadian Food Inspection Agency will order non-meat inspectors into meat plants under threat of discipline, according to the union representing agriculture workers.

CFIA demanding unsafe work of inspectors: union

More COVID-19 restrictions being lifted across the country

More COVID-19 restrictions being lifted across the country
Some Quebec schools were reopening and more Ontario retailers were offering curbside pickup on Monday as Ottawa promised to help some of the country's biggest employers stay afloat during the COVID-19 pandemic.

More COVID-19 restrictions being lifted across the country

Nova Scotia mass killer's semi-automatic guns believed to have come from U.S.

Nova Scotia mass killer's semi-automatic guns believed to have come from U.S.
The RCMP says three of the four semi-automatic weapons used by a gunman during last month's mass shooting in Nova Scotia are believed to have come from the United States. The federal force says in a news release today that only one of the guns could be traced back to a source in Canada.

Nova Scotia mass killer's semi-automatic guns believed to have come from U.S.

Scheer backs Liberal Taiwan push at WHO as move long advocated by Conservatives

Scheer backs Liberal Taiwan push at WHO as move long advocated by Conservatives
Conservative Leader Andrew Scheer is backing the Liberal government's efforts to include Taiwan in the World Health Organization discussions on COVID-19, a position that China opposes.

Scheer backs Liberal Taiwan push at WHO as move long advocated by Conservatives

Toronto police bust cross-border cocaine ring

Toronto police bust cross-border cocaine ring
A sophisticated crime group that was allegedly smuggling bricks of pure cocaine across the U.S.-Canada border has been busted following a months-long investigation, Toronto police said Monday. 

Toronto police bust cross-border cocaine ring

Feds pledge COVID-19 financing help for the country's biggest companies

Feds pledge COVID-19 financing help for the country's biggest companies
The country's largest employers will soon be able to land federal financing to help weather the COVID-19 economic crisis, but are being warned they'll need to open themselves to financial scrutiny for any tax evasion and prove their commitment to fighting climate change.

Feds pledge COVID-19 financing help for the country's biggest companies